Merchant bars and small sections price report U.S. market
Leading bar producer Nucor recently announced it is lowering the raw materials surcharge $15 /nt. At the same time it is raising its base prices by the same amount. Therefore, the effective price change is zero. Current small sections and merchant bar pricing for the week December 19, 2005 are reported as follows:ASTM A36/A6 Angles 2 x 2 x 1/4" $27.95 cwt. or $616.19/mt, $559.00/nt Flat Bars 3/16 x 2" $33.65 cwt. or $741.86/mt, $673.00/nt 1/2 x 4" $28.15 cwt. or $620.60/mt, $563.00/nt Square Bar 1" $28.90 cwt. or $637.14/mt, $578.00/nt Round Bar 1" $29.35 cwt. or $647.06/mt, $587.00/nt Channels 3" x 3.5# $29.90 cwt. or $659.18/mt, $598.00/ntAbove prices are ex-mill, effective to customers and include raw materials surcharge. November RMS: $3.15 cwt ($63.00 / nt, $69.45 /mt) December RMS $5.15 cwt. ($103.00 /nt or $113.54 /mt)